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, and the president's budget. president obama delivering his budget proposal two months late. and neither democrats nor republicans seem to like it. republicans won't be having any of mr. obama's tax hikes and higher spending and democratsup set the president wants smaller increases in payments to retireees. his $3.7 trillion proposal amounts to the largest budget in miles per hour history. it doesn't come close to balancing. deficits in perpetuity. the president looking for easy within on gun control and has be pushing hard for krong to produce. the first major gun control legislation in two decades. but it's up clear what they can get through congress. they have a limit on magazine capacity have no chance of passage. the rest is purely window dressing on an issue that the country takes far more seriously than the president originally estimated. we will take it up tonight with senator ted cruz who emerged on the first year in washington as up with of his party's national leaders. the head of the national rifle association wayne lapierre joins us as well. other stories we're covering, north korean
in the markets. we will get to rich with the latest development now evolving president obama with these powdered subsistence, ricin, or whatever they may be in a couple minutes. dagen: nicole petallides is at the new york stock exchange with more. nicole: easy come easy go. use all the up arrow's yesterday. how about the tech heavy nasdaq version mark down over 2%. you had earnings and both bank of america and intel are to the downside. some cases, seven week lows for the european stocks. back to you. connell: thank you, nicole. dagen: learning a second letter containing a powdered substance thought to be ricin was also sent to president obama. connell: we do not know yet. rich edson has the story. rich: two letters, one sent to a senator, one sent to president obama. intercepted at a secondary facility. both containing a white powdery substance. the one sent to the senator preliminary tested positive for ricin. the one sent to president obama is also being tested right now. those who handled these letters are not showing any symptoms right now of being affected with some type of poison. this is
on the latest on the boston marathon, president obama spoke at an interfaith church service as investigators search for the press or people responsible for the attack. rich edson has the latest. rich: president obama just arrived at massachusetts general hospital where he will meet with hospital staff, some of the victims of this. he was meeting with those of the boston athletic association, volunteers, victims' families, first responses, link the statement of the president of the added stake in boston speaking at the interfaith service attended by number of dignitaries including former presidential challenger mitt romney who was in attendance with his son. when you listen to what the president spoke for about noon he started speaking and set a stern message to the bombers. >> bostonians carried victims and their arms, little water and blankets, lined up to give blood. opened their homes to total strangers, give them lives back to reunite with their families. that is love. that is the message we send to those who carried this out to anyone who would do harm to our people. yes, we will find y
and we're not just talking about the market's. president obama in boston this hour attending the interfaith service for the victims of the attack. this is the investigation and those behind the bombing continues and the devastating news does not and there an explosion at a fertilizer plant wreaking havoc on the town of west texas. many are still missing and several said. connell: also the market's with nicole but first let's go to rich edson as the president is in boston. what about the bombings? >> what we look not right now from our security team that the fbi is considering whether to release video and pictures of what they believe could possibly believe one or two suspects. there is video of at least one of the devices being placed that is an internal process as to whether or not release that to the public. also from fox news officials are examining batteries many sold in the united states. the type they found as part of the device however it seems the bomber to the extra step not to purchase the regular battery but taking another to insert into the bomb. also significant
: mike, thank you for being here. good to speak with you. mike baker. connell: president obama will deliver a statement at 11:30 a.m. eastern time. one of the questions people have brought up after the bombing yesterday and we will start to get into this today and the coming days, what if any impact they will have going forward on our economy. dagen: peter barnes has much more on this. peter: we looked at research reports on the impact of attacks of 9/11 back in 2001. the current economy has shown some softness recently in job creation and retail sales. any hits to consumer confidence may make things worse. two economists that i have talked to this morning do not think it will get too bad. the 9/11 attacks were targeted for the financial systems. consumer confidence rose sharply after the 9/11 attacks. experiencing the biggest monthly drop in a decade. the attacks caused more than 400 mass layoffs and displaced 130,000 workers. industrial production fell back then. the unemployment rate jumped more than a half a percentage point. we were already in a recession that september. w
the boston marathon? like, are you angry at, you know, not enough people follow michelle obama's gitelines for dieting? i have no clue. hard to make sense. >> i think it makes sense. i think it does make sense because it's a soft target, high profile, internationally known, and it's a soft target. you hit a soft target, and you do the same thing anywhere around this country, 10 we're all at risk, and that is the message of this bombing. >> but, stu, if you wanted to highlight, get the world's attention, blow up the bombs when the elite runners crossed, when the size of the crowd of observers was at the height, when the international media was zoomed in, but waiting an hour and a half, it was the size of the runner's crowd at the height. many of the race fans, if you will, went off. it was just family members and friends there. it's a different attack. i -- i'm very afraid that we're going to find out this was an idiot bombing with the mark david attack on john len non, a nut with something to prove. obviously, the horror is the horror no matter what, but if it's an international narrative,
with a live briefing one starts. dagen: president obama briefed this morning. we are looking at this live breast priest -- press briefing- press briefing. meantime in washington president obama was briefed this morning on the boston investigation. the man had. we go to rich jensen at the white house with the latest. >> reporter: a very fluid situation. the national security staff convening about an hour-long briefing this morning that ended -t about -- probably an hour ago. we were supposed to get a briefing in new from the press secretary, just a regular is scheduled briefing, the daily briefing. that has been pushed off, postponed to a time to be determined. we are learning now also comes from capitol hill. his reporting, is senior source on capitol hill was brief but a national data terrorism center saying that police believed dzhokhar tsarnaev is still in the boston area and it is important they get all the time and do so live because they want to find out if this is something broader. there is another person involved those sources saying it is hard to believe that these two men opera
. it should be triple that. we'll investigate. so much for president obama's second term bounce. his agenda, i say, falling apart, three key pieces going nowhere or in big trouble. a new hour of "varney and company" starts now. ♪ first, an update on the blast in texas. extraordinary video out this morning of the explosion in the town of west, texas. it started as a fire at the plant, but after firefighters rushed to the scene, the plant literally exploded, leaving first responders among the dead. the area around the area is decimated. that's a direct quote. five dead, 160 # woundedded. the blast so powerful it registered a 2.1 on the earthquake scale and felt as far as 45 miles away. more updates as the information comes in. check the big board, moving a little bit lower. we're down almost 50 points, 14500 is where we are. to nicole, the big stock followed today dipped below 400. that's apple. where is it now? >> right, at 398.52, watching it closely because yesterday was a monumental daybreaking down below 400 for the first time since december of 2011, so, obviously, it's been pummeled, dow
more on the reaction from washington, rich edson is live at the white house. president obama was briefed on the situation this morning, the situation room as it is called is active. rich: it is quite active and has been this morning and president obama started a meeting with the vice president, it lasted an hour. we have subsequent meetings here, secretary of state john kerry, secretary of defense shuts hegel, director of intelligence james clapper and others at the white house. however senior administration officials stress that is for previously scheduled meeting of national security principals, so nothing really specifically to do, nor was unscheduled specifically because of the events in boston, that was earlier this morning. news from capitol hill according to bret baier of fox news saying officials briefed lawmakers on capitol hill telling them they really want to get this second suspect alive find out perhaps if there are any more people involved, find out whether they have any training overseas or if they were radicalized in the united states or overseas and that has
, possibly that is still being tested, to president obama and to u.s. senator roger wicker. what had happened, at its off site mailing screening centers, authorities intercepted these letters. there were preliminary results saying they had tested positive for ricin. now authorities are looking whether or not they actually have. these tests usually take for final confirmation anywhere between 24 and 48 hours. so they're waiting on results of that. these are two letters the fbi says came from tennessee. so they continued their investigation there. meanwhile on capitol hill today, in a number of senate office buildings there were reports of suspicious packages, suspicious envelopes, suspicious packages being sent to state offices, local offices of u.s. senators. much of that has been cleared already. this is heightened sense of really, sensitivity here in washington, d.c. to watch out for all of these kind of things. u.s. capitol police and authorities are asking staff and lawmakers to be ever vigilant here. so far this seems to be the by-product of that. what we're really looking at now, those
know, when barack obama first came into office, we gave away a lot of missile defense scheduled to go into europe because we wanted to please the russians. we wanted to hit the reset button and look where that's gotten it. it's gotten us nothing except we've delayed protections for ourselves and our allies. we have to do what's best for our defense and our allies' defense and do what ronald rean said. we should have peace through strength, not peace through weakness. peace through strength. lou: the north koreans have at least two missiles for launch, estimated to be, by all counts, and of course, yu're far better briefed on this than the people but by all accounts a range of at least 00 miles. how concerned are you that they will, indeed, be launched and what should be the u.s. response? >> well, fortunately, we do have some good theater missile defenses in place today, missile destroyers that we already had and we beefed that up. japanese had some with our help and they're deploying that and we have some inter continental ballistic missile interceptors, lou, in both california and a
-month low. john kingston will tell us how low oil will go. lori: a letter sent to president obama was poisenned with ricin, parts of capitol hill shut down because of suspicious packages and letters. the buildings are just been cleared. latest ahead. melissa: the senate in the middle of the night, literally, boost the u.s. economy as supporters claim it will? lou dobbs is here. lori: let's update you on the markets as we do every 15 minutes, happening fast and furiously. we have the first check in this hour with nicole. what's the word on the floor among traders there, nicole? >> a couple things to note, obviously, we were selling off, back looking at what we looked at on monday, monday, we dropped 265 points, below even those levels. the vix, fear index, up 20% easily showing the nervousness in the market. selling across the board, particularly in economic sensitive areas like energy and technology, and apple, for example, below $400, and we'll is more on that throughout the show. the one thing to note is the volume is not as heavy like we saw on monday. there's less volume and l
that preliminarily tested positive for ricin. one addressed to president obama. one addressed to senator roger wicker of mississippi. they were intercepted before they got to their destinations. preliminarily testing positive for ricin. it takes 24 to 48 hours says the fbi to confirm it was ricin and that is something they're working on right now. a bit of a scare here in washington today as suspicious packages were reported in a number of different corners of senate office buildings. since that time after the initial care, all those packages and letters have been cleared. there are reports of suspicious letters being sent to a number of senate state offices. some of those have an about cleared. others are under investigation right now. also looking forward to tomorrow when president obama heads to boston for a memorial service. back to you. melissa: that's a lot. rich edson, thanks so much for that update. so as you know the boston marathon bombing sending shockwaves throughout our nation. we are still reeling from the death and destruction. joining me, kevin miles, a former fbi bomb technician and
obama calling this now, a terror investigation. no longer a criminal investigation, but a terror investigation. and the president says investigators are still working to find out who did this. >> in coming days we will pursue every effort to get to the bottom of what happened and we will continue to remain vigilant havy administration to take appropriate security measures to protect the american people, and this is a good time for all of us to remember that we all have a part it play in alerting authorities, if you see something suspicious. speak up. >> senior intelligence officials are expected to be on capitol hill shortly to brief relevant congressional committees on all this. there is heightened sense of security on washington, d.c. today. on capitol hill and here at the white house. ever since yesterday there has been a barrier essentially not allowing to people to walk down pennsylvania avenue. that traffic pushed off to the north side of the street and it is still up. back to you. david: thank you very much, rich. appreciate it. liz: intel stock following its earnings rele
. we are taking $ million per year from zero ust. they want the money back. john: the obama school board. >> they want a 20 million back. the close the school. john: that's less per kid and they were spending on their own schools. >> no, that is what they get. we get about 10 million. it would get 20 million. on the close our school and get these of order kids back. john: so they would get more money because the charter schools is less. >> did less. so we have for our kids. someone had to step forward. i bought the space. i am on the space. can you imagine, american indian who buys property and must elises? [laughter] john: these are called american indian charter schools because your indian. >> i am american indian. john: as of schools for indians. >> that is against the law. that's against the law. i'm not breaking the law. john: you say the open bureaucrats just want the money and will get more money as they close charters because the state pays more to their lousy school but there is more to it than that. you, i'm sure, broke some of the rules. you did rent them property, y
. ♪ neil: al right. we're just getting word that those letters laced with poison sent to president obama and senator roger wicker was indeed ricin. authorities are now saying it was a low grade, not necessarily but denies. in other words, it would not be fatal. it doesn't mean that it is any less dangerous. is potentially for those who come into direct contact with the. but the authorities are now saying it was a low great variety, still a threat. it would get the latest from peter barnes on that in just a second. in the meantime, this weapon in boston, as you know, they're looking at two potential suspts. but what is not suspect right now is the type of weapon used. crude but effective. one, the former marine lieutenant colonel says it could become the weapon of choice for terrorists in this country, whether they are terrorists from this country are not. explain what you mean by that and whether they have, in fact, come to our sure. >> well, the term ieds is relatively new, but the whole concept of what -- we use the term booby trap, really the same thing we have with ieds. certainly ti
of the boston marathon. president obama speaking out today on the tragedy, calling the attack, an act of terrorism. now with the latest news out of boston is fox news's craig boswell. >> the bombs detonated at the boston marathon used six liter pressure cookers packed with shards of metal, nail and ball bearings. they were place inside a black duffel bag and set on the ground. >> we had an attack. >> doctors removed sharp objects from lower extremities of victims. >> many have wound mostly in the lower part of their body, wound related to the place effect of the bomb as well as small metallic fragments. >> the two bombs exploded about 12 seconds apart. the first near the finish line where 8-year-old martin richard was there to cheer on his father. the little boy was killed in the blast. when he ran back to his mother, two siblings. bill richard issued a statement, saying we thank four family and friends and those we have never met for their thoughts and prayers. i ask you continue to pray for our family as we remember martin. the white house calls the attack an act of terror. meanwhil
we have a lot of winners. >> nicole, we'll see you in 15 minutes. >> all right. president obama calling the bombings in boston an act of terrorism as the fbi continues to search for a suspect. rich edson outside the white house has breaking news on the investigation, rich, what is it? >> we do just in the last minute from our producer saying federal law enforcement officials confirmed to fox they have just ruled out that saudi man as a suspect in the bombing. remember, he had been questioned. he was never named as a suspect. the 20-year-old saudi here on visa, and law enforcement officials confirm he is ruled out as a suspect. this after a day of briefings at the white house. the president meeting earlier today with the national security team speaking earlier today. we'r from security officials, says fox news, remanents of a pressure cooker found on-site, a style first seen in afghanistan, but yet too early to determine if this is a type of device from overseas. also, some officials confirming only two bombs found in boston, the two that exploded. there is no one in custody at t
sent, one to senator roger wicker and one to president obama. both were intercepted. there is an arrest. paul kevin curtis according to the justice department. he was supposed to be in district court. he could face up to half a million dollars in fines, 15 years in prison if he is convicted. we're waiting for the latest fbi update. that comes 5:00 and we'll have it live. back to you. david: should have stuck to his elvis impersonations. thank you very much, rich. liz: thanks, rich. david: our next guest says the spring swoon hit the markets but there is a way to protect your portfolio from further losses. he will tell you how to do that yet. liz: six companies making their stock market debuts. three companies are pricing lower than expected. is this the start of a rougher second half of the year for ipos or will which see a comeback? we love to hear from you. you remember we talked about google glasses. google begins shipping them, google glass, this week. $1500 a pair. david: chief at half the price. >> such a deal. log on to faceboo facebook.com/afterthebell. let us know if you think
pilots association. a lot of republicans have charged that the obama administration is actually trying to make this look worse, make sequestration look worse for the republicans and not taking steps to try and make this system better. ray lahood and company said, hey listen, you want us to save $400 million a year. we have to do it somehow. this is how we're doing it. take a look at airline stocks. today they're doing pretty good. i want to focus on southwest. it had a great year. so have all the airlines. they're up over 60% year-to-date. even if you look today the stocks are okay. but i'll tell you, if what they say is going to happen on sunday and monday here and going forward. those airline stocks are headed just the other way. if we have the kind of delays they're talking about, real quick before i get away, show the towers, if you have the pictures of the towers out here. what will this mean, these furloughs? there won't be enough controllers. o'hare will have to shut down one of its two air traffic control towers. that means fewer runways can operate and fewer flights can take o
, president obama is currently being briefed by nestle security officials and by the fbi. we had a stand that the president was kept informed of what was going on throughout the night. he was briefed repeatedly, undergoing another briefing as speak. you're looking in the left-hand side of your screen, that is a small house in, i think it is montgomery village and maryland. that is a house that is occupied by the two terrorists uncle. it was the uncle who was telling the media, speaking to the media earlier that these two people had been in america for ten years. they came here originally as boxers in some kind of sporting capacity. they have been nearly 14 years. last word to you, mr. o'toole. you think this is personal, not international politics. that is respect this in? >> is not my speculation. as simply have to consider that as a possibility because of the fact pattern of this case. stuart: all right. thank you very much for joining us. we welcome your input. two parallel stories. money and terrorism. back in a moment. everybody has different investment objectives, ideas, goals, app
Search Results 0 to 23 of about 24 (some duplicates have been removed)